Bitcoin hits another new all time high - London Business News | Londonlovesbusiness.com
Briefly

Bitcoin's record surge, surpassing $106,000, follows President-elect Trump’s proposal for a strategic Bitcoin reserve, highlighting cryptocurrency’s growing legitimacy and value in the global economy.
The election of pro-cryptocurrency candidates and Trump's push for a strategic Bitcoin reserve have created a favorable climate that fosters innovation and leadership in blockchain technology.
Bitcoin’s increasing institutional adoption is evident with companies like MicroStrategy joining the Nasdaq-100. This legitimizes Bitcoin as an alternative investment competing with traditional assets.
International opinions on Bitcoin are polarized; while some see it as a dollar alternative, others express skepticism about its volatility and long-term value as a currency.
Read at London Business News | Londonlovesbusiness.com
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